Condensed Consolidated Statements of Operations - USD ($)	3 Months Ended		6 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Revenues.
Net pool revenues-related party	$ 49,345,687		$ 64,656,246
Voyage charter revenues	15,581,830	$ 13,738,052	30,446,014	$ 21,927,340
Time charter revenues	9,559,631	6,373,220	14,931,835	13,747,585
Other revenues	459,284	246,939	554,797	537,126
Revenues	74,946,432	20,358,211	110,588,892	36,212,051
Expenses
Voyage expenses	3,541,546	4,357,560	7,064,619	7,143,558
Vessel operating expenses	9,459,889	5,187,845	16,213,975	8,670,968
Management fees-related party				1,125,000
Depreciation and amortization	8,303,555	3,034,138	13,160,982	5,501,080
General and administrative expenses	5,281,535	4,302,218	12,495,815	5,094,724
Total expenses	26,586,525	16,881,761	48,935,391	27,535,330
Operating income	48,359,907	3,476,450	61,653,501	8,676,721
Other income/(expenses)
Other income-related parties	383,643		767,285
Interest and finance costs	(931,329)	(37,452)	(1,067,129)	(215,992)
Interest income	49,259	134,273	114,844	241,628
Gain/(loss) on derivatives, net	(6,341,763)	342,309	(6,199,368)	(1,045,835)
Loss on disposal of assets			(105,549)
Foreign currency gain/(loss), net	(306,453)	(146,903)	(297,437)	(220,596)
Total other income/(expenses), net	(7,146,643)	292,227	(6,787,354)	(1,240,795)
Net income	$ 41,213,264	$ 3,768,677	$ 54,866,147	$ 7,435,926
Earnings per common share - basic (in dollars per share)	$ 0.72	$ 0.07	$ 0.96	$ 0.13
Earnings per common share - diluted (in dollars per share)	$ 0.72	$ 0.07	$ 0.96	$ 0.13